Caddo Mills, TX vs Highlands, TX

Caddo Mills, TX and Highlands, TX have a very similar cost of living, with only a 2.6% difference in their overall index. Caddo Mills scores 90 while Highlands scores 92 on the cost of living index, where 100 represents the national average. The day-to-day expenses for residents in both cities are comparable, though differences emerge when looking at specific categories.

On the housing front, median rent in Caddo Mills is $1,103/month compared to $1,364/month in Highlands — a 19% difference. Interestingly, home values tell a different story: while Caddo Mills has cheaper rent, Highlands actually has lower median home values ($191,400 vs $247,400).

Median household income in Caddo Mills is $75,385 compared to $54,524 in Highlands (+38.3%). Caddo Mills offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Caddo Mills spend roughly 17.6% of their income on rent, less than the 30% in Highlands.